Current Affairs Quiz-September, 2020

Notes:
The Reserve Bank of India (RBI) has issued guidelines regarding Compliance Functions in Banks and Role of Chief Compliance Officer (CCO).
The guidelines direct that all banks should have a board approved Compliance Policy and Appointment of CCO. The CCO shall be a senior executive of the bank, preferably in the rank of a General Manager.

Notes:
The Union External Affairs Minister S Jaishankar represented India and co-chaired the ASEAN-India Ministerial Meeting.
The meeting was held in a virtual mode. The meeting was participated by Foreign Ministers of the 10 ASEAN Member countries and India. During the meeting, a new ASEAN-India Plan of Action (2021-2025) was adopted.

Notes:
A joint statement has been issued by USA, Israel and Bahrain which states that Israel and Bahrain have agreed to establish full diplomatic ties.
This is an outcome of a normalisation agreement between Israel and Bahrain which comes after a similar agreement between Israel and the United Arab Emirates (UAE). Earlier, an Israeli delegation was carried in the first direct commercial flight to UAE.

Notes:
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Sameer Kumar Khare as new Executive Director of Asian Development Bank (ADB).
The veteran bureaucrat has been appointed to the post for a tenure of three years. Sameer Kumar is a 1989-batch Indian Administrative Service (IAS) officer. He is currently serving as Additional Secretary in the Department of Economic Affairs under Ministry of Finance.

Notes:
World Ozone Day or ‘International Day for the Preservation of the Ozone Layer’ is observed on September 16 all over the world.
Vienna Convention for the Protection of the Ozone Layer was adopted and signed by 28 countries, on 22 March 1985. The theme of this year is ‘Ozone for Life’. This year also marks the 35th year of the Vienna Convention and 35 years of global ozone layer protection.

Notes:
As per an official Government data, more than 1600 Indian companies have received Foreign direct investments (FDI) worth USD 1 billion from China from April 2016 to March 2020.
The investments were received by companies in 46 sectors. Among them, automobile industry, printing of books, electronics, services and electrical equipment received the highest FDI.

Notes:
The Supreme Court has ordered for setting up a panel of five distinguished citizens. The objective of the panel would be to set standards for electronic media.
This is pronounced by the Supreme Court in the context of the TV show “Bindas Bol” that is relayed on Sudarshan TV. The court has stated that the said TV programme appears to vilify the Muslim community and make it responsible for an attempt to infiltrate the civil services

Notes:
The United States of America issued a new advisory warning against travel to China and Hong Kong. US authorities have cited risk of “arbitrary detention” and “arbitrary enforcement of local laws.”
The advisory states that U.S. citizens traveling or residing in China or Hong Kong, may be detained without access to U.S. consular services. The advisory has also stated that, U.S. citizens may be subjected to prolonged interrogations and extended detention.

Notes:
As per the recent statement of the Ministry of Chemicals and Fertilizers, the government has set a target to increase the number of PMBJKs to 10,500 by March 2025.
The Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJK) were launched with an aim to provide quality medicines at affordable rates to common citizens. At present, there were just over 6000 Kendras across the country.

Notes:
The Bill named ‘The Institute of Teaching and Research in Ayurveda Bill, 2020’, was passed by a voice vote in Rajya Sabha.
It seeks to grant the status of an ‘Institution of national importance’ to the Jamnagar-based cluster of Ayurveda institutes in Gujarat: Institute of Post Graduate Teaching and Research in Ayurveda, Gulabkunwerba Ayurveda Mahavidyalaya and Institute of Ayurveda Pharmaceutical Sciences.